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on in spain. millions of people taking to the streets. they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from ou, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they dn't call it class warfare. that is what is going on over there. again, there is no airspring. there's nothing about a pro-democracy movement. far too few had much too much and way too many head was too little. the people in the street that one piece of the pipe command it's going on around the world. and for some reason people are oblivious to i. look in this country, college graduates, the income is decling eight or 10% since the recession. you can't find a job. 3 percent of them have jobs paying high-school wages. so you're right. it's not getting better, an
there. >> yeah. >>> coming up in the program, spain's biggest export. an analyst who says shoppers are ready to spend. >>> and the vice president hugo chavez's cancer operation that was successful. heel be in miami to speak -- we'll be in miami to speak to an an lifted who talks about the transition of power. >>> plus, joined in studio by the ceo of japanese merchandising giant sanrio. what will the man in charge of -- yes -- hello kitty have to say about holiday spending? that's at 5:20 eastern. 11:20 central/european time. >>> u.s. budget talks have intensified. president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table before. in an interview with a
's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately, we saw some signs of weaker demand, especially global demand in these reports. but perhaps what is consistent with what you're saying, why is it your view that that is going to happen? >> sometimes you need to pull away. you move away from the fundamentals a little bit on the month to month improvements. if you look at 2013 as a whole, the big headwinds you've had in a number of years, fiscal austerity is largely the sarp in europe year on year. 2014, that comes up quite quickly. 2013 is largely going to be the final year of the crushing deleveraging if you like on the european banks. so essentially the whole theme of the aurm is 2014 should credibly be the first recovery year we've been in years. >> 2013?
to celebrate with his parents >> some lucky people in spain are celebrating winning spain's cherished christmas lottery. the lottery is the world's richest.giving out 3-point-3 billion dollars in tax-free monetary prizes. that's in u-s dollars. unlike lotteries that generate a few big winners, spain's version - now celebrating its 200th anniversary - has always shared the wealth more evenly instead of concentrating on vast jackpots. >> he has produced everybody from willie nelson, diana ross, more, coming up. >> there is something going on here, even as obama released his a birth certificate, even after that 50 percent of republicans still were not quite sure that he was american. and they say that he feels foreign. that is the phrase that they used. and to me, john boehner, he feels female. [laughter] >> jan: that is bill maherthat was a clip from bill maher's internet standup special called "crazy,rick, you are the producer of those trips that are going to honolulu on new year's eve and maui a new year's day. >> oakland has a direct flight. >> that is terrific. >> he has a ton of fans. come o
than the united states. i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been able to have export-led growth and be so successful internally, germany is the china of europe. >> i realize that. i made that point about 20 minutes ago. you add shock at the beginning. i'm not talking about the later stage of austerity and self-imposed pain, which is what europe is dealing with right now. but if you look at the ocb adjustment to the downturn and the u.s. has a huge g and p adjustment and loss of unemployment where a lot of these other european countries adjust on hours and their unemployment doesn't go up. that's the only point i was making. >> adjust on hours meaning you get something more like job sha
. among those closed include spain and germany. we're start with asia. shanghai composite is the outperformer. you saw up 1.6% there. here is a list of the markets closed across europe. germany, switzerland, germany and austria. for the bourses that are open, we can take a look at performance this morning and then we'll take a look over at the bond wall. the ftse 100 is down about .4%. ibex down .5%. not a clear picture. definitely mixed trade as people look to close out the year. the bond wall gives the sense for what kind of wall dominates. we're seeing bond yields move higher. investors are exiting the asset class today. italy around the 4.5% level. we've seen these predominant for several weeks and likely a quick check on forrus. the yen, an important one to keep an eye on, as well. dollar/yen firmer, continuing the patterns that we've seen over the last couple of trading sessions. for more on what to expect from markets today, we're joined by chris meyer, managing director and chief strategist from loop capital markets. chris, good morning. we wake up without a deal.
] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to squawk. happy monday. today in the "wall street journal" suggesting netflix could end up doomed with its success with children. netflix just for kids get more popular. companies like viacom get accurate. companies provide netflix with most of its content in a kids' focused section. the journal says at some point the suppliers will probably want to charge netflix more or they might even stop selling to netflix. that's been a huge problem for them when it comes to contend more broadly. >> time for the global markets report. kelly evans standing by in london. you rise above over
of hijacking the government. >> put us on a very slippery slope towards the plight of greece and spain and others who basically don't have that check. this whole notion of unlimited credit card is just pure poppycock and it's something that only can be dreamed of as a fiscally responsible thing in washington, d.c. >> but, you know, you still have a process and procedure in terms of the budget where the president proposes a budget and congress is playing a much more significant role in that process. when the time at which the idea of, you know, approving the debt ceiling was when congress was playing less of a role in the budget process. congress is far more engaged in that process. so, i don't think this is about going the way of greece or spain as much as it is, you know, people like to hold on to as much power as long as they think they can. >> karen -- >> ken, take a listen to what tom cole said earlier this week on taxes. take a listen to this. >> in my view we all agree that we are not going to raise taxes on people who make less than $250,000. we should take them out of this disc
exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> what's a few billion dollars among friends? anyway, last month republican senator marco rubio punted on the question of how old the earth is, calling it a great mystery. it's not a mystery it's what the potential presidential candidate for 2016 was playing to the large number
: for "smart is the new rich," i'm christine romans. >>> a small town in spain has hit the jackpot. we'll tell you about that in a moment. >>> and if you go out today, you can watch cnn from your mobile device. punch in cnn live or from your laptop, that is. punch in cnn.com/. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assisnce, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> president obama says he's optd meigsic a bill can be reached on the so-called fiscal cliff. the president and lawmakers left washington for the holidays, but leaders from both sides plan to return after christmas to try to hammer out a deal that would avoid tax hikes for millions of americans. >>> cold, windy, and snowy. that sums up the weather across much of the n
it in france. they just did it in spain. they just did it in the u.k. >> they did it in greece. they raised the added-value tax four times. it's devastating consumer spending, and we're heading down the same road. david: larry mcdonald, new edge senior director. good to see you. thanks for coming in, appreciate it. sandy? >> ford recalling nearly 90,000 vehicles. did your car make the list? we've got the details coming up. >>> plus, the chances of falling off the fiscal cliff, it's not stopping one top money manager from buying. bob doll, he sells us where he's putting his money to work now. that's next. there is no mass-produced human. every humabeing is unique. and ther one store that recognizes it. the sleep number store. the only place in the world u'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you adjust to the suppo
that is bursting now increase. or maybe that's bursting in spain. other countries in europe think back two or three years ago. was just as broke as it is today. yet they were able to borrow money and they paid a lower interest rates and everything was fine. it wasn't fine. it's just the bond holders were asleep. they were oblivious to the circumstances. and eventually they woke up and they demanded a higher rate of interest to compensate for the risk of holding the paper and now the government can't afford a higher interest rate, and now people realize that so they want their money back. so now there is a crisis. the only reason that we can service our debt is because the rate is so low. we can't be pay our debt. that's not even possible. all we can do is service the debt but of course once our creditors realize we can't, then they are going to want their money back and we can't pay it back. we can print it but then it isn't going to be worth very much. the key is going to be when are the creditors going to wake up and demand a rate of return on the dollar's? because right now the rate is zero and
that gave him away with every fib. but tonight new research out of the university of granada, spain, shows walt disney was a science pioneer. look at this. scientists decided to take thermal pictures of someone telling a lie, and you can see it right there, the picture is showing the area around the nose is bright red. it turns out our noses heat up when we stretch the truth, somehow connecting the part of the brain that links heat to emotion. >>> and we have another fresh look at an old idea. our picture tonight, the iconic hollywood sign after its face-lift ready for its close-up. nine letters, each 45 feet tall given a fresh coat of paint, 275 gallons, if you're counting, and the makeover now prepares the sign for its 90th birthday next year. and we really do love hearing what captured your imagination every day. so tweet me your thoughts for "instant index" @dianesawyer. we'll be reading them. >>> and coming up next, she is a legend in fashion and in film and now rumored to be in line for a big job in the obama administration? ♪ ♪ ♪ [ male announcer ] you've been years in the mak
things that are important until they're not. we were terrified that spain and italy couldn't pay their bills. we knew these companies could not bring down taxes. it turns out that we were afraid that these bonds were bringing the whole world down and we should have been buying them. the europeans offered sensible plans and responsible governments stepped up to increase taxes and cut benefits. if you had been able to borrow a ton of money to buy them it would have doubled. it may have been the single best investment of the 21st century to date. we are gripped by a similar hysteria about our own country. the fiscal cliff is like what they had in europe. we need to look for companies being obliterated by the cliff. banco santander was perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. i don't think it's done. charitable trust is buying a major midwestern lender. stock has been sliding every day. key is now under $8 and i can tell from the trading in the name it is not going to happen just yet. there are sellers everywhere. the o
, which the germans said they should do, they should have done three years ago they'd be better off. spain is the immediate problem, you have 26% unemployment which is non-performing loans. >> we have to go, 2,200 pages of health care, i'm sure the notes spain's taken how greece has got money at every turn, their pile is a bigger pile than the health care plan. >> i could listen to you guys talk all day long. that was a great conversation. yra, rick, thanks so much. see you in a bit. >>> zynga stock popping. julia boorstin is live in l.a. with more. >> good morning to you, carl. this is the first of many steps before zynga can make money from online gambling. applying for a real money gaming license in nevada is a sign of zynga's seriousness creating new revenue streams. it sent it up as much as 9% higher today. the company warns it will take as much as a year and a half to get approval in nevada but the biggest step of all is a change in federal law, and if online gambling does become legal nationwide, zynga is sure to face some big competition from the casinos. zynga is struggling to sel
of disability are pretty high. john: 101 employees, more rules. spain has reformed the stupid work rules that they no longer have to pay 42 months severance pay now it is just 24 months. that is still two years. >> if they turn out badly you will turn up and know them they show them two years. >> having 350,000 under severance pay but now just 200,000. why hire somebody to pay that much to fire them? >> a very good question. to be sure that they want them. it is the decision not allot of employers are willing to make. john: i assume people cheat? >> lot of people cheat. they are expected and that is what keeps the inspector in business. it is easier and cheaper to bribe the inspector then goes to the motion to pay the taxes and declare an come and workers. john: singapore has a booming economy. no minimum-wage comment no laws against discrimination. if you fire, four weeks termination notice and unemployment is at 2%. >> you can start of business, flexible, hire and fire and it makes it attractive. john: thank you anne jolis and thank god we don't have those dumb laws. we have plenty. we
rules. spain has reformed the stupid work rules that they no longer have to pay 42 months severance pay now it is just 24 months. that is still two years. >> if they turn out badly you will turn up and know them they show them two years >> having 350,000 under severance pay but now just 200,000. why hire somebody to pay that much to fire them? >> a very good question. to be sure that they want them. it is the decision not allot of employers are willing to make. john: i assume people cheat? >> lot of people cheat. they are expected and that is what keeps the inspector in business. it is easier and cheaper to bribe the inspector then goes to the motion to pay the taxes and declare an come and workers. john: sinpore has a booming economy. no minimum-wage comment no laws against discrimination. if you fire, four weeks termination notice and unemployment is at 2%. >> you can start of business, flexible, hire and fire and it makes it attractive. john: thank you anne jolis and thank god we don't have those dumb laws. we have plenty. weird getting more and people want more like a guaranteed vac
by deejays who impersonated the royal family. >>> a ship is off the rocks on the north coast of spain. a cargo vessel ran aground before sun-up yesterday. nobody was hurt but the ship was stuck until high tide. >> captain's probably happy, too. >>> after weeks on the run, software tycoon john mcafee is home in the united states. arrived at miami international airport last night. but he says miami wasn't his first choice. guatemalan authorities just put him on a plane and told the pilot where to go after he was kicked out for entering the country illegally. >> it was a very tricky negotiation getting out of guatemala. they wanted to return me to belize. the problem was that again police in guatemala are going to be signing a peace accord early next year. belize demanded my return. >> but here he is back in the states. mcafee snuck into guatemala to escape questioning by the police in belize on his neighbor's murder. no one knows where he went after leaving the airport in that taxi or what he plans to do next. >>> the "fiscal cliff" is fast approaching but the stalemate in washington co
zealand, textile production in spain, and the use of medical technology in the u.s.? at t. re price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ john: in that song john lennon suggested there was no religion we would live in harmony. given the people killed in the crusade of fully war he has a point*. billions were murdered radius. between 60 and 100 billion taka out hitler and mao and stalin. larry taunton says it is because the board neediest. you don't know that. >> the way the russian novelist blooded if there is no mortality there can be no virtue if there is no guide if anything goes to yuki and get away with. that was the driving force behind the communist regime. >> i am not convinced there is a guide but i try to do good things god does not play into it. >> it does not mean it always equals geno
in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good morning. >> yeah, that's right, carl. we saw the offer come in late last night and now we'r
islanders. >> that's real. that's an actual team. >> west chester olives. >> spain. >> it would be nice. go there and drink martinis. tempe melted ice cream cone. what a delightful name for a team. florida panthers. the hamilton eying wigs. >> no. >> topeka leg weights. the eugene drunk makeout session in applebys. >> if we learned anything today, there won't be a hockey season. none of these posers seem to care. what the hell are you looking at? what? you want some? you want some? >> we can't even talk about this because we spent too much time talking about "love actually." take a break. back soon. >>> according to a news report 1.2 million years of porn has been watched on the web's two larnest free adult sites since launched in 2006. they have 90 billion page views. the average play time is eleven minutes. sherrod, we are a country that just plays with itself. >> we enjoy porn and everybody enjoys porn. it is natural. >> it is easier than going to the website. i do it old-fashioned. i got on demand channels and the porn channels. i have a big screen and i go at it. >> stop bragging. >> w
scoring a winning lottery ticket worth half million dollars. it is especially ailing in spain. a recap of a fox top story. u.s. marine veteran held in a mexican prison since august is back in the united states. john hammar was arrested in mexico while trying to bring in
as governor. spain was he the head of the church at the time? >> absolutely. >> was their political insight within the church and did he have rifles? >> not really he felt that he didn't have any rivals within the church especially after they get to utah. there are other people that put themselves forward as possible leaders after joseph smith's death, but at the time brigham young's faction of the church reaches utah, he has eliminated most dissent. in fact she brags that the church does not experience 10% of the dissent under his leadership as it had under joseph but he had a firm hand. >> how many wives did he have? >> only 55. >> how many children? >> 58? wohlstetter does he have descendants today? >> tens of thousands. if they but all by the book i would be very wealthy. >> were you able to talk with any of his descendants and researching pioneer profit? >> i didn't set out to talk with any of his descendants but there are quite a number of brigham young's descendants in utah and i spent a lot of time in utah during research for the book so i happened to meet some of his descendants. >
: i was born in spain, came to the united states when i was 2. my father's a spaniard, and my mother's from an italian-american family. i was interested in writing about marco rubio because, one, he's an avenn adapt politician who is going to have a say in what our country's immigration policy looks like, what our country's budget looks like. but also because his family history and his own political rise, it's just a great story. it reads like a novel. i was able to find these document requests that showed that -- documents that showed that his grandfather was born underneath a that muched palm roof in -- thatched palm roof in rural cuba to a mother who was illiterate in 1899. and to think that someone who was born under those circumstances that in barely over a hundred years his son, his grandson is getting talked about as a possible president of the united states. it's really, it's something that you would find in the movies. and, you know, i presented this book as a narrative of the family of marco rubio and about his really remarkable political rise, and i hope that people will b
the siren and pulled the baby away from traffic. nobody was hurt ?ie. shortly in spain, the biggest lottery in the world will be held. tickets look like this. hopefully we can show you. we don't have it. bummer. the lottery is called "el gordo" or the fat one because of the size, 3 billion euros. it has been held before christmas since 1812. >> i want to win el gordo. >>> abc president and general manager honored don sanchez. don is retiring after 40 years at abc news. today was his last name. since 1972 he worked as a news anchor, sports castor and arts and entertainment. there is not a nicer man on the planet. don, we will miss you. >> we will. >> nice man. >>> that's this edition of abc7 news. i'm dan ashley. >> i'm ama dates. the news continues tomorrow morning at 5:00 a.m. [ female announcer ] can your pancake mix do this? sure, bisquick makes delicious pancakes, but that's just the start. unleash the hidden power of bisquick. see what you can make at bisquick.com. [ female announcer ] let betty crocker do the measuring and get a head start on delicious homemade cookies. ♪ just pour,
away from traffic. nobody was hurt ?ie. shortly in spain, the biggest lottery in the world will be held. tickets look like this. hopefully we can show you. we don't have it. bummer. the lottery is called "el gordo" or the fat one because of the size, 3 billion euros. it has been held before christmas since 1812. >> i want to win el gordo. >>> abc president and general manager honored don sanchez. don is retiring after 40 years at abc news. today was his last name. since 1972 he worked as a news anchor, sports castor and arts and entertainment. there is not a nicer man on the planet. don, we will miss you. >> we will. >> nice man. >>> that's this edition of abc7 news. i'm dan ashley. >> i'm ama dates. the news continues tomorrow morning at 5:00 a.m. >>> as the country observes a moment of silence for the 26 lives lost at sandy hook elementary, the national rifle association launches a controversial call to arms. at country schools. >> enough. >> enough. >> enough. >> enough. >> of course the celebrities demand a plan from president obama. while new york city city mayor michael bloomberg
is the major destination: germany, upwards of $80,000; $40,000, $50,000 in the netherlands, spain and italy and turkey. all of these countries are getting trafficked women. we have laws in every country on the planet that say you can't abduct people, you can't kidnap, you can't force them into prostitution, you can't assault them. the laws are there, but they're not being enforced. >> narrator: a day has passed and viorel still hasn't heard from maria or apo. >> no answer? >> nobody answering. >> narrator: most trafficking victims have no way out. a few escape, and some are let go when they're of no more value. but many get caught up in police raids like this one in antalya. what seems at first like a rescue will actually become the beginning of a new ordeal. >> when the cops find them, they deport them. the police just simply bring them to the immigration authorities, and they are deported. they're re-victimized yet again by the system. >> narrator: in most countries, trafficked women are treated as illegal immigrants with no access to the justice system, and the traffickers and pimps are
.com. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> if you were lucky enough to pick up an la times tonight. you found this. a conservative case for a ban. i was fascinated of course and i grabbed it to read it by larry al llen burns. i had no idea who he was until i read the first sentence which as was kwis quite a grabber. last month i sentenced jar odloughner for his shooting rampage in tucson. judges do not have his kind of communication with the public. so i knew i was holding something extra informatiordina hands when i read this. i knew i was going to hand it over to his judge to make this conservative case as he puts it for a ban. he says that tragedy left six people. t
in 1972 he wrote to the great empires in spain and russia, britain, each to to enter 50 years. in the empirical hegemony and the power leads to decadence and the short sleeves to short sleeves and generations from the exploration and exploitation to the decadence request for world approval to the welfare state and squabbles over inherited wealth and the notable feature he writes of the declining nations of the loss of physical energy. both recapitulate the human individual tendencies and like the individual human involved in the predictable directions the kunin light lived to be 120 years but no longer and will decatur the predictable stages as well the family. however wealthy and the state however powerful. and now we see we in america are at the outward end of the to hundred 50 years, and we see the signs positive. we passed through the ages of outburst conquest, commerce, of unscom into left and we've come to the age of decadence. this and all employers, she writes, can be identified by the defensiveness, pessimism, materialism, the welfare state, the dissolution of the arm
in wales, portugal, spain, all over. we do not know why. we do not know what to do about it. i will give an answer that will interest and amuse the previous questioner. when two things coincided in late 18th-century england, a grain surplus, the result was a cheap gin and a social calamity. they passed a few laws, licensing laws, it did not help. what turned britain around was john wesley. methodism. converting the women of england -- [laughter] that is the way it worked. it is an odd thing for me to be saying. >> you talked about the virtues freedom requires. i worked in the field of education. if our major problem children come to school without virtues, it is the public school system the place to nurture that? i believe our society and culture does not nurture those virtues. how do we address that? >> this is a good question. the family is the smallest school. by the time all lots of negligently parentage, often at no-fault to the single mother, these children get to school, and it is too late. the chicago schoolteacher it says should its first graders who do not know numbers, shapes,
to improving grades, scientists in spain say girls have a leg up. they compared girls who walked or biked to school with girls who caught a ride. on average, the more physically active girls scored four points higher on math and verbal tests. the researchers say exercise made the difference, though they aren't sure why. it may have to do with increased blood flow to the brain. and here's something interesting -- exercise doesn't have the same effect on boys. i pledge allegiance to the flag of the united states of america... and to the republic for which it stands... one nation, under god... indivisible, with liberty... and justice for all. our disabled veterans pledged to sacrifice life and limb to ensure our way of life. now, they deserve our support. find out how you can help disabled veterans in your community. visit dav.org. of the united states of america... and to the republic for which it stands... one nation, under god... indivisible, with liberty... and justice for all. our disabled veterans pledged to sacrifice life and limb to ensure our way of life. now, they deserve our suppo
to be in spain and soon to be in singapore. what that gets you is that gets you ships that are forward. numbers of ships are important. numbers of ships forward are of most importance. >> reducing transit time for example. >> precisely. you get the presence of a ship forward a factor of .8, maybe 20% maintenance, refresh, refuel, things of that nature. if you have to come from the west coast or east coast, i need four ships to keep one forward. one is there. one just came back. one is on its way or getting ready and one is in deep maintenance so you see the leverage. >> being forward, present and engaging has been things the navy has been delivering for more than 200 years but you said the navy would have to focus much more on war fighting and less on engagement. the new age strategy remains, for example, to engage and to be forward, to cooperate with allies over that vast region. critics say your drive for more combat foe qus is at odds with -- focus is at odds with that. is it and what is your strategy? >> i don't think it's at odds at all. in the end the first thing we need to do and what we
the edge right after this. >>> hi. wire the cantrells -- hi. we're the cantrells from spain. we'd like to wish our family in washington d.c. a very merry christmas. merry christmas, guys, we miss you. hi, gran. welcome to chevy's year-end event. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy silverado all-star edition for 0% apr financing for 60 months plus $2,000 cash allowance or get a total value of $9,000. >> you don't know me. my name is jay. what's your name? >> helen. >> 67-year-old helen grossman had no idea who jay-z was. now the video is going viral. have great nye. >> fox 5 news isn't over go. -- night. >> fox 5 news isn't over go. to www.myfoxdc.com for news, weather and entertainment updates. fox 5 news is washington's best news on air and online at www.myfoxdc.com brought to you by verizon 4g lte. aids affects us all. even babies. d transmission. our employees and their families are part of
for affordable wine. the quality of inexpensive wines is really high. this is evodia from spain. $9.99 a bottle, a big, robust full-flavored red wine. one of the secret tricks of the wine business, if you look on the back of the bottle it says eric solomon selections. one thing is there are importers who act as curators. they only bring in things they love. importers are always on the back of the bottle. without knowing the wine, you know it's going to be a good wine. that is a little insider. >> you didn't love that? >> no, i did. if you're not an expert, there is a $9.99, how do you know it's that one and not sort of a cheap wine? >> partly by tasting a lot. if you go to a good store -- find a store where people pay attention, they listen to what you say and like and they're not going to try to sell you something that's bad because they want your business. trust those guys. >> pascual toso, argentine malbec. that is $10.99 a bottle. holiday buying. you know you're going to pour wine for a lot of people. buy by the case. most stores give you 10% -- you need to buy lots and lots of wine. 10%, 1
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